9514 1404 393
Answer:
A) $1350
B) $5850
C) $162.50
Step-by-step explanation:
A) The interest is given by the formula ...
I = Prt
where P is the principal amount, r is the interest rate, and t is the number of years.
I = $4500×0.10×3 = $1350
The interest owed is $1350.
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B) At maturity, the principal and interest are due. That amount is ...
$4500 +1350 = $5850
The maturity value is $5850.
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C) If the maturity value is paid in 36 equal monthly installments, each is ...
$5850/36 = $162.50
The monthly payment is $162.50.
Whole numbers<span><span>\greenD{\text{Whole numbers}}Whole numbers</span>start color greenD, W, h, o, l, e, space, n, u, m, b, e, r, s, end color greenD</span> are numbers that do not need to be represented with a fraction or decimal. Also, whole numbers cannot be negative. In other words, whole numbers are the counting numbers and zero.Examples of whole numbers:<span><span>4, 952, 0, 73<span>4,952,0,73</span></span>4, comma, 952, comma, 0, comma, 73</span>Integers<span><span>\blueD{\text{Integers}}Integers</span>start color blueD, I, n, t, e, g, e, r, s, end color blueD</span> are whole numbers and their opposites. Therefore, integers can be negative.Examples of integers:<span><span>12, 0, -9, -810<span>12,0,−9,−810</span></span>12, comma, 0, comma, minus, 9, comma, minus, 810</span>Rational numbers<span><span>\purpleD{\text{Rational numbers}}Rational numbers</span>start color purpleD, R, a, t, i, o, n, a, l, space, n, u, m, b, e, r, s, end color purpleD</span> are numbers that can be expressed as a fraction of two integers.Examples of rational numbers:<span><span>44, 0.\overline{12}, -\dfrac{18}5,\sqrt{36}<span>44,0.<span><span> <span>12</span></span> <span> </span></span>,−<span><span> 5</span> <span> <span>18</span></span><span> </span></span>,<span>√<span><span> <span>36</span></span> <span> </span></span></span></span></span>44, comma, 0, point, start overline, 12, end overline, comma, minus, start fraction, 18, divided by, 5, end fraction, comma, square root of, 36, end square root</span>Irrational numbers<span><span>\maroonD{\text{Irrational numbers}}Irrational numbers</span>start color maroonD, I, r, r, a, t, i, o, n, a, l, space, n, u, m, b, e, r, s, end color maroonD</span> are numbers that cannot be expressed as a fraction of two integers.Examples of irrational numbers:<span><span>-4\pi, \sqrt{3}<span>−4π,<span>√<span><span> 3</span> <span> </span></span></span></span></span>minus, 4, pi, comma, square root of, 3, end square root</span>How are the types of number related?The following diagram shows that all whole numbers are integers, and all integers are rational numbers. Numbers that are not rational are called irrational.
